Updated Oct 29, 2024
Dc & Se LLC Acquires Industrial Property In Hialeah For $8M
11200 Northwest South River Drive, Medley, FL, USA
$8,000,000
$149/SF
Building Size
53,435 SF
Asset Type
Industrial
Closing
Feb 26, 2020
About this deal
AI
The industrial property located at 11200 NW South River Dr in Hialeah has been sold in a transaction that took place on February 27, 2020. The property, with a total area of 53,435 square feet, was sold for a price of $8,000,000, resulting in a price per square foot of $149. The buyer in this deal is Dc & Se LLC, represented by Carlos Carvalho. On the other hand, the seller is Grace Lands Of South Florida Inc, with Jay M Yu as their representative.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,000,000
- Address: 11200 NW South River Dr, Hialeah
- Market: Hialeah
Carlos Carvalho, from Dc & Se LLC, played a crucial role as the buyer in this transaction. Representing Grace Lands Of South Florida Inc, Jay M Yu acted as the seller's representative. This successful deal showcases the strong presence and expertise of these individuals and companies in the industrial real estate market.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93